Successful Savings

Most Americans are living paycheck to paycheck. In fact, 50% of Americans are living this way. That is a huge number of people who would be in big trouble without their next paycheck.

The key to successful savings is to understand why you’re not saving money.

How does this happen? Well, there are a few reasons that someone may be living paycheck to paycheck:

Living Above Your Means: Living above your means is when you’re spending most of your money to support your lifestyle. Do you live in a really nice apartment or home that takes most of your paycheck? Did you get a car that was too expensive for you to reasonably afford? Do you spend a lot of money on subscriptions, the newest electronics, or the newest clothes? These all add up and will cause you to start living above your means.

Not Having A Savings Goal: If you don’t have a savings goal, then you aren’t able to see the big picture. Not seeing the big picture will make it easier for you to spend money unnecessarily. If you aren’t saving for emergencies or a comfortable retirement, then you will not look at money the same way as other people. You will view your money as a way to buy trending goods and services instead of a way to create a better future for yourself.

Personal Situations: Sometimes personal situations make it very difficult to save money. Maybe you just started a family and depleted your savings. Maybe you lost your job. You might have just received a huge medical bill. There are countless situations that can make it hard for a person to save money. It is important to start saving as soon as possible. Even if personal situations have caused you problems, stay positive and get back on track as soon as you can.

Not Understanding The Importance Of Savings: Some people don’t understand the importance of savings. Saving money is not a topic that is commonly discussed. We live in a society that pushes advertisements for various products. The society that we live in values name brands and keeping up with fashion trends. We are surrounded by so many goods and services that it may be hard to commit to a savings plan. Savings are very important to have. Saving money is more important than making a fashion statement or having the newest phones. Having money saved will make life easier and less stressful.

Fortunately, there are a few ways to overcome these situations:

Create A Budget Plan: Creating a budget plan will ensure that you know where your money is going. You will know how much of your money is going to bills and how much of your money is being spent on things that aren’t necessary. You will also be able to allocate a certain amount of money to your savings account each paycheck.

Create Savings Goals: A savings goal is separate from a budget plan. While a budget plan will help you know where your money is going, a savings goal will set expectations for how much money you want to be saving.

Cut Out Unnecessary Expenses: You may be spending money on subscriptions that you aren’t even using. This is money that is going to waste. Try to avoid eating out several nights of the week. This money adds up. Take a look at where your money is going and cut out anything that is unnecessary. This will give you more money to work with in your budget.

Find Ways To Spend Less: There are other ways to free up some of your money. Try shopping around for the best deal on things you need. Find stores with lower prices for groceries. Go to discount stores for clothes and electronics. Wait until there is a sale if you’re going to make a big purchase. This will save you money. When you are spending less money, you will have more money that can go into savings.

Consider Finding A Job That Pays More: If you can find a job that pays better than your current job, you may want to consider changing jobs. This will make budgeting easier, especially if you are living above your means.

Don’t Spend Your Savings: While it may be tempting to spend your savings, this is not a good idea. You’re putting the money back for emergencies or retirement. One way to avoid spending your savings is to pretend that the money isn’t actually there. Don’t factor that money into your budget. Instead, keep putting money into savings each paycheck and let the money build over time.

Saving money can be a hard task! Try to find ways to save money on purchases, cut out unnecessary expenses, and commit to a savings goal. Avoid living paycheck to paycheck. This is a very stressful way to live. I really hope that this post has helped you! Best of luck.

Say Yes To Success

The idea of success is different from person to person. Some people will feel successful when they settle into their career jobs. Other people will feel successful when they earn their first college degree. Other ideas of success include a happy family life or an early retirement. While the idea of success varies from person to person, everyone wants to feel successful. The first step in achieving your success is determining what your idea of success is.

After doing a bit of research, I have discovered that many successful people share a few habits. The type of people I have researched are those with high incomes. The shared habits are listed blow:

  1. Wake Up Early. Successful people are eager to start their day early. Waking up early is a chance to take control of your life. This is a time for self reflection, meditation, or a morning routine. If you would like to begin waking up early but have issues getting up when your alarm goes off, there is a product that may help. This is an alarm that won’t cut off until you stand on the mat: https://amzn.to/31WpjsN
  2. Read. Whether you enjoy reading or view it as a chore, successful people tend to do a lot of reading. The type of reading that successful people choose is educational reading. Reading is a time for growth and development. Knowledge is power.
  3. Exercise. A healthy body and a healthy mind work together. Successful people understand the importance of a healthy body and set time aside to exercise.
  4. Goal Setting. People who are successful set goals. These people have a clear idea of the things they want to do and set goals and time frames to achieve these tasks.
  5. Earn More Than One Income. Earning multiple incomes is a strategy that most successful people use. Earning multiple incomes creates financial stability. Passive income is a powerful tool. Passive income is an income that doesn’t require a lot of effort to maintain. If you are interested in earning more than one income, I recommend this book: https://amzn.to/2Eal5W8

Do you want to say goodbye to the 40 hour work week? Would you like to earn money working from home or even traveling? People around the world are actually living this life. Some people earn their income blogging, creating YouTube content, or affiliate marketing. You could be next. There are endless possibilities for your life. If you are interested in quitting your day job and earning money online, there are options. (I don’t recommend quitting your day job until you are earning steady income elsewhere). Best of luck and remember, say yes to success.

Toxicity

This is a message from my heart. I have recently let go of a person who was very important to me because of their constant negativity. I was being held back. I lost all of my motivation. Ultimately, I lost who I was. It got to a point where I was unable to smile. I wasn’t myself. I allowed this person to stay in my life for an entire year. Over time, the people around me noticed the change. I’m a very social and happy person but I didn’t want to speak to people anymore. When I finally made the decision to let go of this person, people commented on my constant smiling again. I very quickly became myself once more. This was a huge life lesson that I will happily share.

There will be people in your life who keep you from growing. You may love these people and choose to ignore the fact that they are holding you back. You may even recognize that you’re being held back. I recognized that I was being held back but I allowed the negative person to stay in my life for a year. Why did I and why do you let these people stay? Is it your friends, your family, a partner? Sometimes you have to walk alone to find yourself. Your perspective on life can be influenced by those around you. Their words and thoughts have power over you. Life is about growing. There is a purpose for you in your life but you have to grow. You have to let go of some people and overcome the obstacles in your life.

The two pictures are the same image. One can be perceived as gloomy. The other is a very beautiful image of a nice day. This first image is the influence that the wrong people have on you. The color is drained in the first image. The other if full of life. Do not let someone drain you. Be happy and full of life. You have the power in yourself to be successful without others. It is better to walk alone and to be yourself than to let someone take the color from your life. Be happy. Be free. Be beautifully yourself.

Start Saying I Will

photo belongs to: https://wisdomquotes.com/fear-quotes/

When you were a kid, did you have a crazy dream that you chose not to follow? Most of us do. I personally wanted to be a singer. What holds us back from trying? For me, it was the inability to have a stable income. For others, it is their stage-fright or their fear of judgment. Do not let your fear hold you back from what you love to do. I continue to do performances whenever I get the chance but I don’t pursue singing for monetary purposes. Perhaps you wanted to be a writer, or a doctor, or a performer. Go start a blog, apply to your local college, go to an acting audition. Start chasing your dreams today. Until you put hard work and dedication into your dreams, they will only be dreams.

Your future starts with you. Embrace change. Learn to love the feeling of being uncomfortable. If you spend your entire life in your comfort zone, you will never learn to live. You owe it to yourself to chase your dreams. Each of you amazing people has a purpose. You still have a heartbeat in your chest because your story is still being written. I am challenging everyone to take some time tonight to think about the path you’re walking in life. Are you content? Do you even know what you want to do in life? It doesn’t matter if you’re twenty or if you’re sixty, you can still make the decision to open a new chapter in your life and start fresh. I have always known that my purpose in life was to help others. This week I realized that my words have power and that I can help others by being an uplifting light. This is my purpose and I am here for you!

Get Motivated, Get Results

Who is your role model? How would you describe this person? Motivated? Determined? What about your role model do you admire? Each day that passes is a chance for you to become a role model for someone else. Do not try to be your role model. Identify the qualities that you admire about them, whether it’s their kindness or their financial success and instill those qualities in yourself. Continue to be the person that you are today but allow yourself to grow and possess those qualities. Get up. Go do something today. Hold a door for a stranger, give a compliment to someone you don’t know, go for a walk, work on yourself! Pull yourself away from any and all negativity that you might have in your life and do something about it. Don’t sit around and wait for change to happen. Go make change happen. Life is short and this is your only chance to do it right!